The tax revenue collection mobilised by the Ghana Revenue Authority’s (GRA) domestic division and processed through the Ghana Community Network Systems Limited’s (GCNet) Total Revenue Integrated Processing System (trips) in 2017 has hit ¢16 billion.
This is according to figures available to thebftonline.com from the systems operator (GCNet) and it...
Kumasi and Sogakope will be the beneficiaries of sugar-processing and cylinder-manufacturing factories respectively to be set-up by Chinese company, Sky Team Ningbo.
The sugar-processing factory in Sogakope has already taken-off, and according to the CEO of the Sky Team Group, Annie Shen, the company is looking forward to making an...
As local businesses continue to explore avenues to fund their business activities, operators of sole proprietorship businesses have been asked to consider converting to limited liability companies to deepen their chances of ensuring business sustenance and attracting the right investment.
Many Ghanaian-owned businesses do not survive the first generation. From...
The 2018 Budget and Policy Statement is the second of the NPP government since taking over the reins of government in January 2017. The 2017 Asempa budget sought to re-establish hope in the Ghanaian economy and give a clear indication of the NPP Government’s economic policy direction. It set...
A domestic bond market is required to help local businesses raise long-term and sustainable finance for growth and development, a former Dean of the KNUST Business School - Prof. Joseph Magnus Frimpong - has observed.
He said: “The establishment of domestic bond market has become a necessity for businesses to...
Government’s efforts to revamp the country’s railways have caught the attention of the Chinese government, as the Director-General of the National Development Reform Commission (NDRC) of China, Mr. Wang Jianjun, is currently in Ghana to have discussions toward the project.
It is estimated that that government will require US$7billion to...
The Ghana Stock Exchange (GSE) has suspended trading in the shares of ADB with effect from today Wednesday, March 07.
A statement from the exchange said, “the suspension is to allow the GSE clarify the news on a purported take-over of ADB”
“With reference to section 7 of the GSE Automated...
They submit no quarterly financials
They lie about status of expat employees
And they flout the law, sellING above 30% of products locally
Most of the over 200 enterprises operating within the free zones enclave have failed to submit quarterly financial statements to the Ghana Free...
In the wake of the COVID-19 pandemic, Madagascar President, Rajoelina took the world by storm after endorsing a herbal product formulated and manufactured locally by the Malagasy Institute of Applied Research (MIAR).
“All trials and tests have been conducted and its effectiveness has been provided in reducing and elimination of...